Stocks have moved mostly higher during trading on Thursday, with the major averages all moving to the upside following the mixed performance seen in the previous session. The Nasdaq and the S&P 500 have once again reached their best intraday levels in over a year.
In recent trading, the major averages have reached new highs for the session. The Dow is up 340.58 points or 1.0 percent at 34,319.91, the Nasdaq is up 75.66 points or 0.6 percent at 13,702.13 and the S&P 500 is up 31.57 points or 0.7 percent at 4,404.16.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.